Dec 28, 2012 4:00am PST
. > what about the volume? will it be there today? > > i think as long as this fiscal cliff sits in front of us, that is going to be there. the volume will die down when this situation dies down. it won't die down right away, but once this dies down and we get this behind us, that is when you will see the volume die down, not until then. > what is the talk on the floor? do traders think there will be a deal? > > i think traders do think there will be a deal, but we are certainly running out of time, so every second that goes by it gets closer and makes people maybe a little bit more apprehensive. the people doing that are selling the market when they see that. > they certainly are. larry levin of trading advantage. good to have you on the show today. > > thank you. a threatened port strike from boston to houston could put a lot of cargo in limbo, about 40% of all imports into the u.s. it could happen as early as sunday. and in our cover story, that could leave spring merchandise sitting on the high seas instead of store shelves. nearly 15,000 longshoremen may go on strike sunday if negoti
Dec 31, 2012 4:00am PST
this so-called "fiscal cliff" and possibly make money with your fund? > > the goal of the fund is to allow people to get most of the return of the s&p while taking half the risk, and right now we have a quarter of the correlation with the market. so, this is an ideal time to invest in the fund. when congress comes back into its lame-duck session, we will be flat when they are in session. but there's a lot of risk in this lame-duck session. the fiscal cliff is not resolved, i don't think it's going to be resolved during the lame-duck session. asia seems to have economic slowing problems, and maybe a little saber rattling - the same for the mideast. it's really kind of a dangerous time in the market, and this is a fund that is unusually low- volatility, low beta fund, so it's a place where you can get some relative safety. > > eric singer. thanks for joining us today. > > thank you. we are out of time for today. check back in with us every weekday morning, and you can also find us on facebook and twitter. from all of us at first business, thank you for watching.